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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: ralph keating who wrote (9943)6/11/1998 10:16:00 PM
From: Joey Two-Cents  Respond to of 18691
 
<joey, do you have any shorts for the asian fall?>

This past Friday I bought some GM Dec 70 puts @ 3 1/8 (wanted to play the Asian dumping/price cut/plant strike angle). Also have EK's 60's, BT 85's and CMB 85's put LEAPS of 1/00. I tuck them away and don't get a case of heart burn every time they bounce up a couple of points. I have a long view and shallow pockets and rather buy options (leverage and limited loss) over shorting the stock.